Call reports 2018
1ST EQUITY BANK — 2018
What 1ST EQUITY BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 98,960,000 | 99,084,000 | 99,167,000 | 100,338,000 |
| Total loans | 84,764,000 | 84,145,000 | 88,276,000 | 84,316,000 |
| Allowance for loan losses | 1,042,000 | 1,042,000 | 1,104,000 | 1,134,000 |
| Securities available for sale | 269,000 | 264,000 | 251,000 | 246,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,545,000 | 76,263,000 | 75,793,000 | 77,046,000 |
| Interest-bearing deposits | 68,694,000 | 68,468,000 | 66,962,000 | 69,791,000 |
| Noninterest-bearing deposits | 7,851,000 | 7,795,000 | 8,831,000 | 7,255,000 |
| Equity capital | 14,685,000 | 14,690,000 | 14,776,000 | 14,786,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 948,000 | 1,955,000 | 3,158,000 | 4,307,000 |
| Interest expense | 189,000 | 392,000 | 624,000 | 869,000 |
| Net interest income | 759,000 | 1,563,000 | 2,534,000 | 3,438,000 |
| Noninterest income | 49,000 | 80,000 | 112,000 | 147,000 |
| Noninterest expense | 499,000 | 1,026,000 | 1,578,000 | 2,193,000 |
| Provision for loan losses | 0 | 0 | 61,000 | 91,000 |
| Pretax income | 309,000 | 617,000 | 1,007,000 | 1,301,000 |
| Income tax | 5,000 | 9,000 | 13,000 | 0 |
| Net income | 304,000 | 608,000 | 994,000 | 1,301,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,685,000 | 14,690,000 | 14,776,000 | 14,786,000 |
| Total capital | 15,686,000 | 15,681,000 | 15,823,000 | 15,804,000 |
| Risk-weighted assets | 79,754,000 | 79,191,000 | 83,743,000 | 81,357,000 |